It was announced today that American software and technology company, MegaHoot Technologies, Inc “MegaHoot”, has aligned with Princeton, New Jersey based fintech company Thunderbirds.Me, Inc to develop a next generation decentralized blockchain enabled digital identity verification platform.
Identity theft has been a chronic issue globally; centralized platforms have faced data breaches which have compromised the personal data of tens of millions of people which have impacted them financially, socially and professionally. Granting access to multiple third party platforms has made it even more difficult to mitigate the risks as it relates to data breaches.
Centralized systems are regularly targets of cyber attacks and privacy breaches, however through the use of decentralized systems the control reverts back to the individual and gives them the ability have greater authority over their personal data and identity. This also gives centralized service platforms the ability to provide greater security for their users.
Thunderbirds along with MegaHoot Technologies will be developing a Decentralized Digital Identity system that will facilitate a trustless, seamless and privacy protecting environment that will be geared towards the financial and enterprise sectors. The system will be built on the Pecu Novus Blockchain Network, where it will have seamless integration into a number of active platforms.
“The collaboration between Thunderbirds and MegaHoot Technologies is exciting, developing a Decentralization Digital Identification system will promote transparency while maintaining high security & privacy standards. It will become a staple system that will be geared to support & serve various types of decentralized businesses & ecosystems. It will also allow for many open source, standard ID systems and service providers to participate. The seamless adaption of NFT based membership & rewards systems will span across many industries, it will also promote decentralized finance systems as well as bridge decentralized & centralized finance systems to allow them to adopt to digital transformations easily.” stated Mark Hu, Founder and CEO of Thunderbirds.me, Inc.
Through the Thunderbird XR Platform, the Decentralized Digital Identity system will allow its users to securely and seamlessly access the network directly or as it is integrated into other platforms. The Thunderbird XR Platform provides integration through MetaVerse and MutliVerse adoption across many industries, providing enterprise clients with business workflows, task automation and optimization to improve processes.
Thunderbird has already commenced the promotion and the deployment of their current XR Platform in the US, UK and Japan. This will expand the footprint of the Decentralized Digital Identification system globally once it is released.
“We believe that aligning with Thunderbirds is a natural progression, it will allow for MegaHoot to venture further into the fintech arena to develop platforms that are highly secure, blockchain enabled and provide value to the financial and enterprise communities.” stated Louis Velazquez, CEO of MegaHoot Technologies, Inc.
About MegaHoot Technologies, Inc
MegaHoot is an innovative and diverse American software and technology company that is building a global ecosystem that will incorporate comprehensive tools for business that include Artificial Intelligence (Facial Recognition, Computer Vision, Biometric), Machine Learning, Secure Collaboration Technology, Advanced Blockchain Technology, eCommerce and Gaming platforms, as well as other disruptive technological innovations. MegaHoot’s core focus is on developing such disruptive technology in these arenas in order to provide cost effective and advanced solutions for global enterprise, municipalities and individual use via a SaaS (Software as a Service) model. For more information go to www.megahoot.com
About Thunderbirds.me, Inc
THUNDERBIRDS.ME INC is a global (Fintech) mixed reality, MetaVerse and MultiVerse platform provider. It is a high-tech innovative company that was incubated and rooted in Skyline Technology, the team is composed of Silicon Valley-Wall Street, IT elites in the investment banking industry, and top lab researchers with backgrounds in AI, mixed reality, and intelligent HCI R&D. For more information go to www.thunderbirds.me
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